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Purple Innovation, Inc.

Why Is Purple Innovation, Inc. (PRPL) Stock Down Today?

Live update on PRPL's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

PRPLNASDAQ
Consumer CyclicalFurnishings, Fixtures & Appliances
$0.43
$0.01(3.56%)
U.S. Market opens in 40h 38m
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PRPL is Up +3.56% today

You might want to check out Why is PRPL Up Today?

Purple Innovation, Inc. (PRPL)

Volume
321.13K
15.00%
Open / Previous Close
$0.40 / $0.41
Day Range (Low / High)
$0.40 - $0.44

Summary

Purple Innovation, Inc. (PRPL) is trading up +3.56% at $0.43, reflecting a positive shift in investor sentiment today. The stock opened at $0.40 and has moved between $0.40 and $0.44 so far.

Trading volume is 321132, which is 15% below its average, and the price action suggests buying interest.

Technically, PRPL is trading below its 50-day moving average of $0.49 and below its 200-day moving average of $0.71, indicating short-term and long-term weakness.

Meyka's AI assigns PRPL a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +22.15% in 1 month ($0.52), +74.91% in 1 year ($0.75), and -100.00% in 5 years ($0.00).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

PRPL Technical Signals

Trading below 50-day moving average ($0.49)

Trading below 200-day moving average ($0.71)

Analyst Recommendations data is not available for PRPLAnalyst Recommendations details for PRPL are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.52

1 Year

$0.75

3 Years

$0.13

5 Years

N/A

B
Good68.00

Is this change significant?

5-Day:+4.04%

1-Month:+4.65%

3-Month:-38.88%

What's next?

Next earnings date: 7/30/2025

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